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21 October, 16:38

Mr. Harris wants a yearly interest income on his 12% investment to be greater than $6,000. How much should he invest to earn more than $6,000?

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  1. 21 October, 17:40
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    He should invest 50000

    Solution multiple 6000 by 100% (6000000) than divide it by 12% which equals 50000
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